What Is a C Corporation? Pros & Cons, Tax Treatment (2024) - Shopify
Briefly

A C corp, or C corporation, is a legal business structure treated as a separate entity. It provides limited liability protection and allows unlimited shareholders to invest through share sales.
C corps pay corporate income tax, while shareholders are taxed personally. Profits distributed to shareholders incur 'double taxation' since they are taxed at the shareholders' individual rates.
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